Chicago Atlantic lends $20 million to Nova Farms cannabis operator
Cannabis industry lender Chicago Atlantic issued a $20 million loan to Massachusetts-based multistate operator Nova Farms.
Medical Marijuana News
Cannabis industry lender Chicago Atlantic issued a $20 million loan to Massachusetts-based multistate operator Nova Farms.
The Maine Senate has approved legislation that could make it easier for manufacturers to label certain types of marijuana edibles, including gummies.
U.S. lawmakers might address intoxicating hemp-derived cannabinoids in the new Farm Bill, which could adversely affect a budding industry.
Recent law enforcement raids in Michigan and Georgia have resulted in the seizure of thousands of plants and hundreds of pounds of cannabis.
Maine authorities continue to crack down on allegedly illicit marijuana operations in the state and seizing thousands of plants, most recently in Corinna, Guilford and Sangerville.
Maine law enforcement arrested six people and seized more than 6,000 marijuana plants after raiding seven locations allegedly linked to unlicensed operations in recent weeks as part of ongoing efforts to reduce the illicit market in the state.
All four members of Maine’s congressional delegation are once again asking the U.S. Department of Justice to take action against what they called “illegal Chinese-owned marijuana operations” in the state.